Green Energy Buys Peterbilt LNG Trucks

Green Energy Oilfield Services said it will take delivery of 60 Peterbilt 388 liquefied natural gas-powered trucks in April.

The company, a portfolio holding of Lone Star Investment Advisors, said it will use the trucks to service XTO Energy, a subsidiary of Exxon Mobil and a major producer in the Freestone oil field in Freestone County, Texas.

Green Energy will operate 50 of the vehicles as vacuum trucks, which will remove and dispose of waste water. The other 10 will operate as winch trucks for transporting frac tanks. Clean Energy will provide the LNG fuel for the vehicles.